QualityStocksNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) Khrysos Industries Enters Strategic 5-Year Supply Agreement with DJB Industries
Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, this morning announced the entry of its wholly owned subsidiary, Khrysos Industries, Inc., into a 5-year supply contract with DJB Industries Inc. to provide extraction services and end-to-end processing to produce isolate, water soluble isolate, distillate, and water-soluble distillate hemp derived products. According to the update, extraction, post processing fulfillment and revenues are anticipated to begin in the first quarter of 2020 with forecasted revenues in excess of $ 170 million through 2025. "Khrysos Industries has recently secured and announced $30 million dollars of post…